Flotek Industries, Inc. develops and supplies chemistry and services to the oil and gas industries in the United States and internationally. It operates through two segments, Energy Chemistry Technologies; and Consumer and Industrial Chemistry Technologies. The Energy Chemistry Technologies segment is involved in the design, development, manufacture, packaging, and marketing of chemistries under the Complex nano-Fluid brand name for use in oil and gas well drilling, cementing, completion, stimulation, and production activities, as well as for use in enhanced and improved oil recovery markets. This segment also constructs and manages automated material handling facilities; and manages loading facilities and blending operations for oilfield service companies. The Consumer and Industrial Chemistry Technologies segment designs, develops, and manufactures citrus oils for food and beverage companies, fragrance companies, and companies providing household and industrial cleaning products. It serves oil and natural gas, oilfield service, pressure pumping service, international supply chain management, and cosmetic companies. Flotek Industries, Inc. is headquartered in Houston, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Miscellaneous chemical products
Sub-IndustrySpecialty Chemicals
SectorOils/Energy
Current SymbolNYSE:FTK
Previous Symbol
CUSIP34338910
Phone713-849-9911
Debt
Debt-to-Equity RatioN/A
Current Ratio1.64
Quick Ratio0.69
Price-To-Earnings
Trailing P/E Ratio-22.43
Forward P/E Ratio-2.43
P/E GrowthN/A
Sales & Book Value
Annual Sales$317.10 million
Price / Sales0.28
Cash Flow$0.1463 per share
Price / Cash10.80
Book Value$4.67 per share
Price / Book0.34
Profitability
EPS (Most Recent Fiscal Year)($0.07)
Net Income$-27,390,000.00
Net Margins-33.22%
Return on Equity-9.56%
Return on Assets-7.07%
Miscellaneous
Employees334
Outstanding Shares57,040,000
Market Cap$94.68 million
OptionableOptionable
Flotek Industries (NYSE:FTK) Frequently Asked Questions
What is Flotek Industries' stock symbol?
Flotek Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTK."
How were Flotek Industries' earnings last quarter?
Flotek Industries Inc (NYSE:FTK) released its earnings results on Tuesday, November, 6th. The oil and gas company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.05. The oil and gas company earned $71 million during the quarter, compared to analysts' expectations of $67.45 million. Flotek Industries had a negative return on equity of 9.56% and a negative net margin of 33.22%. The firm's revenue was down 10.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.03) earnings per share. View Flotek Industries' Earnings History.
When is Flotek Industries' next earnings date?
What is the consensus analysts' recommendation for Flotek Industries?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flotek Industries in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Flotek Industries.
Has Flotek Industries been receiving favorable news coverage?
News coverage about FTK stock has trended somewhat positive this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Flotek Industries earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned headlines about the oil and gas company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.
Who are some of Flotek Industries' key competitors?
Who are Flotek Industries' key executives?
Flotek Industries' management team includes the folowing people:
- Mr. John William Chisholm, Chairman, Pres & CEO (Age 63)
- Mr. H. Richar Walton, CFO, Chief Accounting Officer & Exec. VP (Age 69)
- Mr. Joshua A. Snively Sr., Exec. VP of Operations (Age 54)
- Dr. Glenn S. Penny Ph.D., Director of Technology (Age 68)
- Mr. William H. York, Chief Admin. Officer
Who are Flotek Industries' major shareholders?
Flotek Industries' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.64%), Wilks Brothers LLC (4.75%), Connors Investor Services Inc. (2.01%), Russell Investments Group Ltd. (1.92%), Bank of New York Mellon Corp (1.25%) and JPMorgan Chase & Co. (1.08%). Company insiders that own Flotek Industries stock include H Richard Walton, John Chisholm, John Reiland, Joshua A Snively and Kenneth Hern. View Institutional Ownership Trends for Flotek Industries.
Which institutional investors are buying Flotek Industries stock?
FTK stock was purchased by a variety of institutional investors in the last quarter, including Wilks Brothers LLC, SG Capital Management LLC, Rutabaga Capital Management LLC MA, Connors Investor Services Inc., BlackRock Inc., Bank of New York Mellon Corp, Creative Planning and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have bought Flotek Industries stock in the last two years include H Richard Walton, John Chisholm, Joshua A Snively and Kenneth Hern. View Insider Buying and Selling for Flotek Industries.
How do I buy shares of Flotek Industries?
Shares of FTK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Flotek Industries' stock price today?
One share of FTK stock can currently be purchased for approximately $1.59.
How big of a company is Flotek Industries?
Flotek Industries has a market capitalization of $94.68 million and generates $317.10 million in revenue each year. The oil and gas company earns $-27,390,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis. Flotek Industries employs 334 workers across the globe.
What is Flotek Industries' official website?
How can I contact Flotek Industries?
Flotek Industries' mailing address is 10603 West Sam Houston Parkway North Suite 300, Houston TX, 77064. The oil and gas company can be reached via phone at 713-849-9911 or via email at [email protected]
MarketBeat Community Rating for Flotek Industries (NYSE FTK)
MarketBeat's community ratings are surveys of what our community members think about Flotek Industries and other stocks. Vote "Outperform" if you believe FTK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FTK will underperform the S&P 500 over the long term. You may vote once every thirty days.
